What are the responsibilities and job description for the IRA Trust Intern position at IRA Financial?
Internship Overview
The IRA Trust Intern will assist multiple IRA Financial teams in managing and administering Individual Retirement Accounts (IRAs) held within a trust. This internship will provide valuable exposure to the regulatory, financial, and operational aspects of IRA trust administration.
Responsibilities & Duties
The IRA Trust Intern will assist multiple IRA Financial teams in managing and administering Individual Retirement Accounts (IRAs) held within a trust. This internship will provide valuable exposure to the regulatory, financial, and operational aspects of IRA trust administration.
Responsibilities & Duties
- Assist in the IRA administration, ensuring compliance with federal regulations and IRS guidelines.
- Help process and review contributions, distributions, and beneficiary designations for IRA accounts.
- Help prepare documents, including IRA agreements, account opening forms, and other compliance paperwork.
- Assist in communicating with clients, beneficiaries, and custodians about IRA Trusts, providing excellent customer service.
- Maintain accurate records and organize files related to IRAs.
- Assist with other administrative duties as required by IRA Financial.
- Work closely with internal teams to ensure seamless experience for clients and support overall business objectives.
- Other tasks as assigned by management.
- Currently pursuing a degree in Finance, Accounting, Law, Business Administration, or a related field.
- Strong interest in retirement planning and trust administration.
- Basic understanding of retirement accounts (IRAs) and related regulations is a plus.
- Strong attention to detail and organizational skills.
- Proficiency in Microsoft Office (Excel, Word, PowerPoint).
- Excellent written and verbal communication skills.
- Ability to maintain confidentiality and manage sensitive financial data.
- Ability to work both independently and collaboratively within a team.
